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Cat Food Commission

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Can we Occupy the budget debate? The Congressional Progressive Caucus actually has a good proposal on the table, but the chattering class and the press corps are fixated on Representative Ryan's plan, which doesn't meet any criteria of reasonableness or rationality. But it does meet the criteria of "austerity," the idea that addressing the "debt crisis" takes precedence over all other possible priorities. What is to be done? Fortunately, grassroots organizers have some ideas and are gearing up to act.

According to the Congressional Progressive Caucus,they've come up with a budget that, within ten years, would eliminate the deficit and produce a $31 billion surplus to boot. The Economic Policy Institute (EPI) did an analysis (PDF) of their handiwork. The EPI states that:

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A great pity that Democrats on the "Super-Committee" AKA "Cat Food Commission II" wasted a good opportunity to make some good points to the American people.

When I read about Senator Max Baucus (D-MT) and, unfortunately, a majority of other Democrats on the “Super-Committee” (Which progressives refer to as “Cat Food Commission II”) offering a radically regressive plan to make $500 billion in Medicare cuts, I read a few more sentences. I saw that, sure, fine, okay, the plan would also ask for $300 billion in stimulus funds, but the result of that would obviously be $200 billion in lost consumer demand as people would either lose work from sickness or would spend money they would otherwise spend on other things.

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Larry Summers fills his piece with “No $%#@ Sherlock” pearls of wisdom. Very welcome pearls, no doubt about that, but very long-overdue ones.

So, after serving for a little less than two years as Obama's Director of the White House National Economic Council, Larry Summers, back at Harvard University as a professor, has now suddenly realized that the Nobel Prize-winning Paul Krugman, the economist Dean Baker, the FireDogLake blogger Scarecrow and many, many others, were right all along!

He fills his piece with such "No $%#@ Sherlock" pearls of wisdom as:

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Sometimes, there are so many awful people in the world, ya just can' write just one piece on them.

David Broder commends Senator John McCain (R-AZ) for winning a fifth term as Senator. This sentence of Broder's was especially disturbing:

Nor was I bothered by the doctrinal compromises the senator made in order to convince Arizona voters that he was, in fact, a conservative.

This brings to mind the declaration of Thomas Paine in 1776:

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